Ticker name:MTGMGIC INVESTMENT CORP

Country: US-Sector: Financial Services, Industry: Insurance - Specialty

Compounding in: 2021 2023

MGIC Investment Corporation, through its various subsidiaries, provides private mortgage insurance alongside a range of other mortgage credit risk management solutions and ancillary services. These offerings are available to lenders and government-sponsored entities across the United States, Puerto Rico, and Guam. A core product is their primary mortgage insurance, designed to protect individual loans against default. This coverage extends to unpaid loan principal, accumulated interest, and various costs associated with default and subsequent foreclosure. The company also offers contract underwriting and reinsurance services. Its client base largely comprises originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, and other mortgage lenders. Established in 1957, MGIC Investment Corporation maintains its headquarters in Milwaukee, Wisconsin.

Market Cap 6.1B

Last close 29.67$

Floor clearance 19.35%

Floor clearance (Past 30d)25.18%

Price Return

90d
13.85%
YTD
1.54%
1Y
5.96%
3Y
69.74%
5Y
98.86%

Key metrics

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